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Compensation & Benefits

Snapshot: Salaries not apace with inflation

With inflation high, workers and HR departments are examining salaries.

Employees less likely to quit when equity plans rise

There’s a new way to retain employees, according to research from Computershare, which reports that employees are far less likely to quit their jobs when they see their equity stake in their company represents a greater proportion of their total wealth.

Policy can end pay for unused vacation days

You cannot withhold unused vacation pay, but there’s a way to get employees to forfeit unused vacation days.

Consider these health benefits in the wake of the Dobbs decision

Employers must carefully consider the impact of the Dobbs v. Jackson Women’s Health Organization ruling on their health and welfare benefits plans. Plan sponsors must review state law changes, prepare changes to their plan documents, consider travel and lodging benefits, and analyze privacy and safety concerns.

Global gender gap persists

According to the 2022 World Economic Forum Global Gender Gap Report, at this rate, it will take 132 years to achieve gender parity.

Despite higher salaries, pay raise requests will rise

While many savvy employers now offer higher salaries to attract and retain talent, they should still expect pay raise requests ahead of 2023, according to a Robert Half survey of 1,000 U.S. workers and 1,500 hiring managers conducted between June and July.

Tips for bringing pay transparency to your organization

Multiple states have enacted pay transparency laws, and more are likely to follow suit. Yet nearly a third of employers say they are not ready for such openness.

Help employees achieve financial health

With inflation at a 40-year high, market volatility and lingering pandemic aftershocks, now is a perfect time for HR leaders to help workers achieve long-term financial security.

DOL proposes revision to form regarding contractor status

The U.S. Department of Labor announced a proposed revision to its Office of Labor-Management Standards’ Form LM-10. The change would require certain employers already required to file Form LM-10s to report their status as a federal contractor or subcontractor.

How secure is your 401(k) plan?

We think cyber/cloud/computer security is an everyday concern because bad things usually happen when it’s not. The IRS is so concerned about security, it’s highlighting it all this month in what it declares Cybersecurity Awareness Month.